ORLANDO-Roger Soderstrom is breaking ground by year end on Lexington Park Professional Office Center, a $12 million, 75,000-sf joint venture offering 19 one-story buildings from 2,800 sf to 7,200 sf.
WEST PALM BEACH, FL-The country's largest wholesale clubs operator is buying 70 acres for an estimated $7 million, or $100,000 per acre ($2.30 per sf) to build an estimated $24 million facility that would employ 300.
WEST PALM BEACH, FL-Rusty Mackey has no fears in creating a product he has never done before because the demand is out there, he says. He plans parks here and at Coconut Creek, FL in Broward County.
BOCA RATON, FL-Lou Wangberg, founder/CEO of Information Please, a consulting and speaking venture, was chosen CEO of Enterprise Development Corp. of South Florida out of 200 candidates.
ORLANDO-Real Estate Channel, a locally-based advertising avenue for corporate real estate service providers and vendors, is banking its television and video image on Walt Disney World's I.D.E.A.S. division.
POMPANO BEACH, FL-The largest supermarket chain in Florida is breaking ground this month in Pompano Business Center on its first fulfillment center for on-line grocery shopping and delivery services.
ORLANDO-Hewitt Associates needs the space for its newly-formed online unit, Sageo. This unit's 110 employees, along with Hewitt's core 650 workers, are housed at the one-year-old, 360,000-sf service center at Central Florida Research Park.
ORLANDO-HQ Global Workplaces CEO Gary Kusin says the $3 billion-a-year officing solutions business currently is spread over 80 million sf of office space worldwide and continues to grow.
ORLANDO, FL-Carlisle Realty Group is buying a 1.5-acre parcel from Kirkman Equities for a Mediterranean-styled, 15,750-sf retail center. But the $10.88 per-sf price ($711,000) topped the buyer's previous $4.31 per sf ($2.35 million) paid for a 12.5-acre tract.
PEMBROKE PINES, FL-The Fort Lauderdale, FL-based developer is adding the 19,000-sf boutique project to its 99%-leased Boulevard Square Shopping Center at Pines Boulevard and Hiatus Road, 30 miles north of Downtown Miami.